First Quarter, 2024 Earnings Report

Net Interest Income (NII) NII (ex-trading) grew 6%, supported by strong margins and broad-based volume growth Net Interest Income 02/23 1.65% Q3/23 1.67% Q4/23 1.66% Q1/24 1.72% Trailing NIM Trends¹ 4,000 1.66% 1.49% 1.70 5.00% 1.50 1.54% 1.43% 1.49% 1.44% 3,500 3,249 1.30 3.47% 3.53% 3,236 3,197 3.45% 3.54% 3,205 3,187 3.49% 1.10 (60) 26 (102) (171) (210) 2.56% 2.43% 3,000 0.90 2.50% 2.36% 2.48% 2.68% 1.92% 1.59% 1.63% 1.66% 0.70 1.72% 3,265 3,161 3,338 2,500 3,368 3,459 0.50 2,000 Q1/23 0.30 0.00% 0.10 Q1/20 Q1/21 Q1/22 Q1/23 Q1/24 Q2/23 Non-Trading NII (SMM) Canadian Personal & Commercial NIM1,4,6 Q3/23 Trading NII ($MM)² Q4/23 -NIM Q1/24 -NIM (ex. Trading)³ - Total Bank (ex-Trading) NIM³ CAD 5-YR Swap Rate5 P&C NIM4 BoC Overnight Rate5 US C&W NIM U.S. Commercial & Wealth NIM1,6 2 bps 2.68% 4 bps 3.49% (0) bps 2.67% 0 bps O bps 5 bps (1) bp 3.44% Q4/23 Balance sheet repricing offset by mix shift Endnotes are included on slides 49 to 54. CIBC Deposit Portfolio Loan Portfolio Balance Sheet Mix Other Q1/24 First Quarter, 2024 (4) bps Q4/23 Deposit Portfolio Loan Portfolio Balance Sheet Mix Other Q1/24 9

View entire presentation